FINRA Fines Broker $475K Over Trading Algorithm Issues <https://www.law360.com/capitalmarkets/articles/2251286?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-10-25&read_main=1&nlsidx=0&nlaidx=5>
By Katryna Perera Interactive Brokers LLC has agreed to a $475,000 fine from the Financial Industry Regulatory Authority to resolve alleged issues with its trading algorithm that resulted in the firm returning borrowed shares to customers when it should not have and for allegedly allowing an unregistered person to work on the algorithm's software development. Letter attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2251286?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-10-25&read_more=1&nlsidx=0&nlaidx=5> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2251286?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-10-25&read_later=1&nlsidx=0&nlaidx=5>
